ELAN Microelectronics Corp. AI Stock Analysis
ELAN Microelectronics Corp. (2458) AI Stock Analysis
ELAN Microelectronics Corp.
(TWSE:2458)
The score is anchored by solid fundamentals: high and resilient margins, a 23.7% return on equity, and a conservatively financed balance sheet with debt-to-equity of only 0.19. An undemanding 13.7x P/E and a near-7.7% dividend yield add meaningful valuation and income support. These strengths are tempered by flat-to-declining revenue, an 11% drop in net income, a two-year slide in free cash flow driven by higher capex, and a decisively weak price trend with shares below all major moving averages and negative MACD. The deeply oversold RSI suggests the selling may be extended, but a return to revenue growth and better cash conversion is needed to re-rate the stock.
ELAN Microelectronics Corp. (2458) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 33.82B
- Dividend Yield
- 7.56%
- Average Volume (3M)
- 1.62M
- Price to Earnings (P/E)
- 13.5
- Beta (1Y)
- 0.82
- Revenue Growth
- -7.93%
- EPS Growth
- 7.33%
- Country
- TW
- Employees
- 1,064
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
ELAN Microelectronics Corp. Business Overview & Revenue Model
Company Description
ELAN Microelectronics Corporation, a leading semiconductor manufacturer, specializes in the development and sale of advanced human-machine interface (HMI) solutions. These products are designed for a wide range of applications, including notebook PCs...
ELAN Microelectronics Corp. Financial Statement Overview
Summary
ELAN Microelectronics combines strong profitability with a very conservative balance sheet. Gross margin near 48.6%, operating margin of 24.2%, a net margin close to 20%, and a 23.7% return on equity are all attractive, while debt-to-equity of just 0.19 and equity funding roughly two-thirds of assets leave minimal financial risk. Offsetting this, revenue fell about 3% to NT$12.3 billion and remains far below the 2021 peak, net income declined roughly 11%, and free cash flow slid to NT$1.04 billion from NT$1.88 billion as capital spending increased, cutting free cash flow conversion to about 38% of net income. The result is a quality, low-leverage franchise working through a cyclical soft patch.
Income Statement
71PositiveBalance Sheet
81Very PositiveCash Flow
66Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.61B | 12.33B | 12.70B | 12.06B | 13.03B | 18.33B |
| Gross Profit | 6.03B | 6.00B | 6.20B | 5.43B | 5.99B | 9.12B |
| EBITDA | 3.62B | 3.28B | 3.60B | 2.85B | 3.45B | 6.33B |
| Net Income | 3.12B | 2.44B | 2.74B | 2.14B | 2.15B | 5.10B |
Balance Sheet | ||||||
| Total Assets | 16.84B | 15.57B | 15.02B | 14.02B | 13.32B | 16.93B |
| Cash, Cash Equivalents and Short-Term Investments | 3.93B | 4.19B | 4.55B | 4.44B | 3.45B | 6.75B |
| Total Debt | 1.87B | 1.94B | 1.32B | 1.23B | 817.74M | 723.37M |
| Total Liabilities | 5.33B | 5.12B | 5.02B | 4.79B | 3.70B | 5.96B |
| Stockholders Equity | 11.36B | 10.32B | 9.77B | 8.82B | 8.89B | 10.74B |
Cash Flow | ||||||
| Free Cash Flow | 1.36B | 1.04B | 1.88B | 3.15B | 507.78M | 5.00B |
| Operating Cash Flow | 3.01B | 2.74B | 3.31B | 4.21B | 766.07M | 5.26B |
| Investing Cash Flow | -2.06B | -2.34B | -796.63M | -2.27B | 1.25B | 778.77M |
| Financing Cash Flow | -807.20M | -1.28B | -1.86B | -1.98B | -3.61B | -3.82B |
ELAN Microelectronics Corp. Peers Comparison
Overall Rating
TW:322777Outperform- TW:245868Neutral
TW:496666Neutral
TW:236362Neutral
TW:238854Neutral
TW:491938Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3227 | 77Outperform | TWD 26.95B | 13.67 | ― | 5.70% | 4.58% | -1.46% |
| TW:2458 | 68Neutral | TWD 33.35B | 13.51 | ― | 7.56% | -7.93% | 7.33% |
| TW:4966 | 66Neutral | TWD 31.19B | 14.16 | ― | 4.31% | -2.69% | -20.21% |
| TW:2363 | 62Neutral | TWD 24.26B | 27.70 | ― | 1.27% | 78.08% | 21.15% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2388 | 54Neutral | TWD 31.52B | 33.04 | ― | 0.09% | -2.83% | 4352.20% |
| TW:4919 | 38Underperform | TWD 46.82B | -30.71 | ― | 0.39% | 0.34% | -40.27% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2458 | ELAN Microelectronics Corp. | 117.00 | -4.93 | -4.04% | |
| TW:2363 | Silicon Integrated Systems Corp. | 47.70 | -3.29 | -6.45% | |
| TW:2388 | VIA Technologies, Inc. | 56.60 | 4.83 | 9.33% | |
| TW:3227 | PixArt Imaging Inc. | 175.50 | -36.95 | -17.39% | |
| TW:4919 | Nuvoton Technology Corporation | 107.00 | 52.00 | 94.55% | |
| TW:4966 | Parade Technologies, Ltd. | 412.50 | -228.31 | -35.63% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026